MahaRERA Property Intelligence · Thane

SHUBHASHISH

P51700024319 · MIRA ROAD -EAST · promoter Shubhashish Developers

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51700024319
Registered on05 Feb 2020
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Construction Progress

MahaRERA's cost filing puts construction at ~32.7% of the estimated project cost incurred as of the last certificate (₹19.24 Cr spent against a ₹58.88 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 428 homes filed with MahaRERA, 366 are sold/booked (202 with registered agreements + 164 booked) and 62 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹78.90 Cr in agreement value so far. Of that, ₹41.22 Cr (~52%) is already collected, ₹37.68 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 347 registered agreements, the effective carpet rate is ₹6,256/sqft (typical range ₹4,640–₹10,357) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+14 and 428 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHUBHASHISH WING A,B,C,D1G+14428-

Unit mix on the filing: 386 residential and 42 non-residential (shops/offices).

Complaints & Orders

3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000021023202/03/2022SHOBHA TEJWANI vs SHUBHASHISH DEVELOPERSorder passed
CC1250074205/03/2025EAJAZ AHMED ABDUL SATTAR SHAIKH vs SHUBHASHISH DEVELOPERSorder passed
CC1250244317/07/2025Premsingh Tejsingh Purohit vs SHUBHASHISH DEVELOPERSorder passed

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
The State Consumer Disputes Redressal Commission Maharashtra At MumbaiCC/72/172017Argument
The State Consumer Disputes Redressal Commission Maharashtra At MumbaiCC/1255/162016Argument
The Learned Metropolitan Magistrate Court Borivali West4303147/SS/152015Cross
The Learned Metropolitan Magistrate Court Borivali West4303146/SS/152015Cross
Thane Court5792019Pending

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Jun 202430 Jun 2025--
30 Jun 202431 Dec 2027as per application enclosed

Location, Land & Connectivity

Located at MIRA ROAD -EAST, MIRA ROAD- EAST, Thane, Thane, 401107. Per the filed land record, the plot is bounded to the north by BUILDING N G VIBRANCY AND 6 MTR INTERNAL ROAD, to the south by MBMC MAYOR BUNGALOW, to the east by OLD SURVEY NO 442 VILLAGE NAVGHAR and to the west by 18 MTR DP ROAD AND MARIGOLD BUILDING NO 1. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Other RERA-registered projects in Mira Road East

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Savaliya Residency
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127 RAJ Homes A Wing
possession by Aug 2026 · RAJ Homes
Beaumonde
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Rassaz Greens Tower C D AND E
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Coral
Deregistered by MahaRERA · possession by Dec 2026 · Nilesh Shantilal Tank

Major developers building in Mira Road East

Other RERA-registered projects in Thane

Shubhtej
declared completion Jun 2018 · Jitnat Constructions
Shubhvastu
possession by Dec 2028 · Savjibhai Bavjibhai Kodinariya
Shubhvastu Plot NO. 7-Phase 1
declared completion Dec 2018 · Savjibhai Bavjibhai Kodinariya
Shulpani
declared completion Aug 2018 · Shree Balaji Builders & Developers
Shweta Heights
possession by Mar 2027 · Shree SAI Associates
Shyam B
possession by Dec 2028 · Raje Builders & Developers

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026